Florida Sales Associate Pre- Licensing End of Course Exam Practice Questions and Answers

Business Broker Someone who specializes in selling businesses would be referred to as? Spec Homes Beginning construction on homes without having secured any buyers is referred to as what type of constrcution? Commercial Leases Florida Statute 475 Part IV allows a broker to place a lien for unpaid commission on what type of transactions? Reciprocity 22 If a member of the US Armed Forces has a real estate license in another state, Florida must issue them a real estate license. This concept is known as? 4 Year Real Estate Degree Holders? Who is exempt from the post licensing course? Attorney? 2 Years How much active experience under a broker must a sales associate obtain to be eligible for a broker license? No experience may be obtained under a Florida broker or a broker in another state. Does the required experience to become a broker have to be earned in Florida? One, a broker associate may only be issued one license that may be registered with either a broker or owner developer. How many Florida broker associate licenses may a real estate licensee hold? Appointed by the Governor, Confirmed by the Senate How does the secretary of the DBPR gain their position? No, the FREC does not have the power to impose imprisonment. Can the FREC imprison a licensee? 12 Months If you did not complete the 14 hour continuing education by your renewal deadline, you can still